Question 1

Is Silverleaves a nice place to live?

Accepted Answer

Silverleaves is a small coastal village on Phillip Island's northern shore, facing Western Port. Life there centres on a long sandy beach, wind-sculpted dunes and coastal walking, paddling and fishing, and local reserves shelter coastal birdlife. Streets mix older beach cottages and newer low-rise homes, and the suburb has a quietly seasonal atmosphere that attracts both permanent residents and holiday homeowners. Commercial facilities are limited, with the larger township of Cowes close by for shops, cafes and services and the island bridge providing the road link to the mainland.

With 322 residents and a median age of 61, Silverleaves is a small, older-skewing community where owner occupation is common — 87.8% of homes are owner-occupied. Recent coastal protection works and an adaptation pathways plan are in place, with longer-term design work under way, and council plans include an on-demand all-electric public transport proposal, active-transport links such as the Cowes to Rhyll shared path and a Phillip Island sporting precinct. If you prefer a laidback seaside pace focused on beach life and close access to Cowes for everyday needs, Silverleaves fits that description; whether it suits you depends on the rhythms you want.

Question 2

Is it expensive to live in Silverleaves?

Accepted Answer

There haven't been enough recent sales or rentals in Silverleaves to publish reliable house or unit prices and rents. Without those figures, it's not possible to say how expensive it is to live in Silverleaves compared with local household incomes as recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Silverleaves a good place to invest?

Accepted Answer

House values in Silverleaves climbed 6.0% over the past 12 months, a solid rise in what houses are worth. For someone weighing Silverleaves as an investment, that movement is the capital growth figure to consider.

Whether that level of growth makes Silverleaves the right investment for you depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	6.0%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	117	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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